Wednesday, March 02, 2016

EPIC RESEARCH NCDEX CHANA UPDATE OF 02 MARCH 2016

Chana trading range for the day is 4102-4242.
Chana prices ended with losses as pressure seen due to sluggish demand and rise in arrival of new crop.
Union Budget has provided Rs 500 crore under the National Food Security Mission for increasing the productivity and production of pulses.
Government is creating buffer stock for pulses including chana they have to compete with traders to procure it from farmers.
In Delhi spot market, chana dropped by -38.05 rupee to end at 4595.95 rupee per 100 kgs.

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